The Prestwick Mortgage Group, an Alexandria, Virginia-based advisory and brokerage firm, has unveiled a mortgage-servicing rights (MSR) offering for a $598 million package of Fannie Mae and Freddie Mac loans.

Prestwick’s offering comes on the heels of a separate bulk offering announced recently by New York-based Mortgage Industry Advisory Group (MIAC) that involves an MSR offering for a package of Fannie Mae loans.

The bulk of the 2,544 loans in the Prestwick MSR offering by volume were originated in Connecticut, Massachusetts, Maine, New York and Rhode Island, according to the offering documents — which list Prestwick as the exclusive broker and indicate bids are due Sept. 8. The seller details ⇒

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